The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Tuesday, November 29, 2016

Metrics for Money - Rick Seltzer, Inside Higher Ed

The University of Illinois System is ready to sacrifice future flexibility in order to end fiscal uncertainty that has persisted as a state budget stalemate continues into its second year. The system is pinning its hopes on a deal that would have it agreeing to several performance-based funding metrics which would include limits on tuition increases, increased emphasis on in-state admissions and spending on enrolling in-state and underrepresented students. In exchange, the state would provide the three-university system with predictable annual funding over a five-year period, ease some regulatory restrictions and create a fund to recruit and retain faculty members.
https://www.insidehighered.com/news/2016/11/18/university-illinois-wants-deal-free-state-funding